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Wed, Dec 17, 2025 03:05 AM All times are UTC

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FxWirePro: GBP/JPY faces strong resistance around 173.75, good to sell on rallies

Feb 03, 2016 06:30 am UTC| Technicals

Major support - 171.90 (Kijun-Sen) The pair has taken support near trend line at 171.95 (trend line joining 164.69 and 166.97) and slightly recovered from that level. On the downside major support is around 171.90 and...

FxWirePro: AUD/JPY still seems weaker on breach of crucial supports 84.078 – rebound seems unlikely after poor trade balance

Feb 03, 2016 05:53 am UTC| Technicals

After the breach of support 85.646, we think the pair has gone fragile to evidence more dips upto next strong supports at around 83.400 and 82.914 and on intraday terms now again failed to hold the crucial supports at...

GBP/USD faces strong resistance around 1.4450, break above targets 1.4570

Feb 03, 2016 05:37 am UTC| Technicals

Major resistance -1.4450 (trend line joining 1.43626 and 1.44074) The pair has recovered from yesterday low of 1.4326 and reached till 1. is currently trading around 1.44076. The pair is facing major resistance...

XAU/USD intraday outlook

Feb 03, 2016 05:13 am UTC| Technicals

Pair is well supported around $1126 marks, made intraday high at $1128 and low at $1125 levels. Intraday bias remains neutral below $1128 marks. A break of $1132 will confirm the bullish trend and may drive...

Call update: USD/JPY targets achieved, book partial profits, lower trailing stops, hold for 119 levels

Feb 03, 2016 04:51 am UTC| Technicals

Our USD/JPY call (http://www.econotimes.com/FxWirePro-USD-JPY-upside-capped-by-200-DMA-at-12147-good-to-sell-rallies-153594) has achieved targets. Dovish comments from the BOJ Governor Kuroda saw a minor recovery in...

NZD/USD well supported below $0.6550 levels, Intraday bias positive

Feb 03, 2016 04:20 am UTC| Technicals

Pair is currently trading at $0.6541 levels, made intraday high at $0.6545 and low at $0.6507 levels. The NZ jobless rate fell 0.7 percentage points to 5.3% in the December quarter, the lowest since the March 2009...

Call update: AUD/NZD hit targets, book partial profits, scope for further downside, target 1.0690

Feb 03, 2016 04:03 am UTC| Technicals

Our previous AUD/NZD call (http://www.econotimes.com/FxWirePro-AUD-NZD-slips-below-200-DMA-good-to-sell-rallies-153694) has achieved targets. We see scope for further downside in the pair, so advise booking partial...

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Economy

Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data

Most Asian currencies traded within a narrow range on Tuesday, while the U.S. dollar remained under pressure as investors stayed cautious ahead of several crucial U.S. economic indicators, starting with the nonfarm...

Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface

Australian consumer sentiment weakened sharply in early December, according to a private survey released on Tuesday, highlighting growing concerns about inflation and the broader economic outlook. The latest...

Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data

Wall Street futures edged lower on Monday evening as technology stocks remained under pressure following several weak sessions, while investors turned cautious ahead of critical US labor market and inflation data. Market...

Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist

The Bank of Japan (BOJ) is widely expected to raise interest rates to 0.75% at the conclusion of its two-day policy meeting on Friday, marking the highest level in more than 30 years and closing the year with two rate...

New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes

New Zealand has released updated financial forecasts showing the government is unlikely to return to a budget surplus over the next five years, as weak economic conditions continue to outweigh strict fiscal discipline. The...

Politics

European Leaders Tie Ukraine Territorial Decisions to Strong Security Guarantees

European leaders have agreed that any decisions regarding potential Ukrainian territorial concessions to Russia can only be considered once strong and credible security guarantees are firmly in place, according to a joint...

Taiwan Political Standoff Deepens as President Lai Urges Parliament to Withdraw Disputed Laws

Taiwans political crisis has intensified as President Lai Ching-te warned that the islands global credibility and economic competitiveness are at risk, urging parliament to withdraw a series of controversial laws opposed...

Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

U.S. President Donald Trump said he is considering an executive order to reclassify marijuana as a less dangerous drug, a move that could significantly reshape federal cannabis policy and the broader marijuana industry. If...

Sydney Bondi Beach Shooting Sparks Calls for Stronger Protection of Jewish Community in Australia

Israels ambassador to Australia has urged the federal government to strengthen protections for Jewish communities following a deadly mass shooting at a Hanukkah festival near Sydneys Bondi Beach. The attack, which occurred...

European Leaders Launch International Claims Commission to Compensate Ukraine for War Damage

European leaders, including Ukrainian President Volodymyr Zelenskiy, are gathering in The Hague to launch a new International Claims Commission aimed at compensating Ukraine for hundreds of billions of dollars in damage...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market

SUPERFORTUNE, a web3 AI application incubated by Manta Network, has launched its first mobile application, expanding beyond crypto-native users into the global consumer market. The SUPERFORTUNE mobile app delivers...

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...

Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges

Nvidia is evaluating whether to expand production capacity for its powerful H200 artificial intelligence chips after demand from Chinese customers significantly exceeded current supply, according to multiple sources...

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

SpaceX has reportedly begun the early stages of preparing for a potential initial public offering (IPO), marking a significant milestone for the private aerospace company founded by Elon Musk. According to a report from...

SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation

SpaceX, the aerospace company founded by Elon Musk, has reportedly authorized an insider share sale that places its valuation at approximately $800 billion, according to a Bloomberg News report published Friday. The move...